PAY ATTENTION TO JPM... JPM IS THE MARKET... Financials = STOCK MARKET... and JPM is the leader... JPM put in a great bullish Case today however if this pattern fails then we are going to see a BIG MOVE DOWN!!! This is a great pattern however and should technically play out higher thus taking the markets up. however, with current situations being as dismal as they are anything is possible in the house of cards.
Remember biggest moves come from failed patterns, the pattern is bullish so if it fails on any level @_@... that being said I am LONG THE MARKET as of TODAY
- LONG SPY WITH JUNE CALLS 129 CALLS @ 1.63 (short term hold 132 target maybe even just 1 strong bounce day and i will exit this)
- SHORT KO WITH JULY PUTS 72.5 @ 1.64 ( longer term trade maybe 2-3 weeks)
- Inverse Head and Shoulders
- 60m TIGHT BULL FLAG BEAUTIFUL Also a time count (7) on the Bull flag ready to pop tomorrow at the open~
- Reversal Candle on Daily
- Major Support Line
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